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Foreclosure Homes in Damascus, MD 20872

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Damascus, MD Foreclosures

How much do homes sell for in Damascus, MD?
The average home price is currently $575,850.
In Damascus, MD, how many homes are available?
There are currently 20 active home listings available in Damascus.
What’s the average rental cost in Damascus, MD?
The average rental price in Damascus is $2,459.
What is the most expensive home in Damascus?
The most expensive home sold in Damascus had a price of $43,228,992.
What is currently the cheapest priced home in Damascus, MD?
The cheapest home for sale in Damascus is priced at $13,654.

Living in Damascus, MD

Damascus, MD is a quaint suburban town that offers a balanced lifestyle of tranquility and community engagement. With excellent schools, abundant outdoor recreational activities, and easy access to major cities, it is a desirable place for families and individuals looking for a peaceful yet connected lifestyle.

Current Market Conditions in Damascus, MD

Currently, the Damascus real estate market is stable, with moderate price growth observed over the last year. Buyers appreciate the affordability of homes compared to surrounding areas, and the community feel enhances its desirable status.

Recent data indicates a low inventory of homes on the market, leading to competitive bidding processes in some price ranges. This trend has resulted in quicker sales and often above-list price offers.

Home Value Estimator For Damascus, MD

There are currently 4,500 real estate properties in Damascus, MD, with a median automated valuation model (AVM) price of $531,379.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Damascus, MD, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Damascus, MD, is $575,850.00, with the most expensive house in Damascus, MD, topping out at $43,228,992.00 and the cheapest home in Damascus, MD, clocking in at $13,654.00. In other words, there’s something for every potential homebuyer or savvy investor in Damascus, MD!

Rent Prices In Damascus, MD

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Damascus, MD, is on a rollercoaster ride. The average rent price in Damascus, MD, is $2,459.00. Indeed, when looking to rent in Damascus, MD, you can expect to pay as little as $1,220.00 or as much as $4,550.00, with the average rent median estimated to be $2,440.00. The good news is that finding an affordable and desirable property to rent in Damascus, MD -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Damascus, MD 20872 Foreclosures

Market Trend for Damascus, MD

Total Listings Available: 20

Market Values:

Home Prices from $13,654 to $43,228,992

Average Sales Price: $575,850

Rental Values:

Rental from $1,220 to $4,550

Average Rent Value: $2,459 / month

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